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DFM drops 1.1% at Thursday's close

DFM drops 1.1% at Thursday's close
Emirates NBD generated AED 879.53 million in turnover

Dubai – Mubasher: The benchmark index of the Dubai Financial Market (DFM) fell by 1.15% or 23 points to end Thursday’s trading session at 1,961.48 points, dragged by falling blue-chips led by Emaar Properties which dropped by 3.10%.

The market cap value lost AED 2.53 billion to AED 285.02 billion on Thursday, compared to AED 287.55 billion in the previous session.

Around 431.80 million shares were exchanged through about 7,425 transactions at a turnover of AED 1.23 billion.

The consumer staples, services, real estate, banks, and investment and financial services sectors declined by 4.13%, 2.61%, 2%, 0.90%, 0.76%, respectively.

Arabtect Holding headed the fallers after sliding by 5%, while Emaar Malls topped the risers with 3.12%.

Emirates NBD, down 3.25%, was the most active stock after generating AED 879.53 million in turnover after the exchange of 101.73 million shares.